Answer Posted / mahesh sharma

On Credit of Salary:

Salary ( including Basic Salary & All Allowances) Dr.
Employer Contribution in PF Dr.
Employer Contribution in ESI Dr.
Adm. Charges for PF DR.
Esi Payable ( both Employer + Employee) cr.
PF Payable ( Both Employer + Employee+ Adm Charges ) Cr.
Salary & Wages Payable Cr.

Pf Payment :
Pf Payable Dr
Cash/Bank Cr.

Esi Payment:
Esi Payable Dr
Cash /Bank cr.

Salary payment :
Salary & Wages Payable Dr
cash/Bank Cr.

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